Hollister, San Benito County Real Estate Market Update for May 10th, 2014

Solds for the Week of 05-10-14

Official seal of County of San Benito
Official seal of County of San Benito (Photo credit: Wikipedia)

 

Single Family Residential

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Actives
San Benito County-101 of which REO/Bank Owned-2 or 2%, Short Sales-2 or 2%
Hollister-58 of which REO/Bank Owned-2 or 3%, Short Sales-2 or 3%
Pendings
San Benito County-90 of which REO/Bank Owned-1 or 1%, Short Sales-20 or 22%
Hollister-70 of which REO/Bank Owned-1 or 1%, Short Sales-18 or 26%
Absorption Rate
San Benito County-1.12 months supply of inventory or 34-days
Hollister-.82 months supply of inventory or 25-days
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Solds for the Week: 5
High: $450,000 Regular Sale, All Cash
Low: $250,000 Short Sale, USDA Loan?
Full-Price/Over-Asking: 4 or 80%
Average DOM: 33-days
Average Square Footage: 1724sf
Average Price/Square Foot: $219.72/sf
Average Sale Price: $356,000
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Sale Type
Regular Sale: 3 or 60%
REO/Bank Owned: 1 or 20%
Short Sales: 1 or 20%
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Financing Type
All Cash: 2 or 40%
New Conv 1st: 1 or 20%
USDA Loan: 1 or 20%
Seller Carried Note: 1 or 20%
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